F.N.B. Capital Corporation Case Study
Management Buyouts
F.N.B. Capital Corporation partners with management teams and assists them in purchasing companies through capital financing solutions. F.N.B. Capital believes in the power of win-win partnerships, and we have helped several management teams realize their dreams of owning their current companies.
AlturnaMATS, Titusville, Pennsylvania
The General Manager of this Titusville-based manufacturer of ground protection mats and related products contacted F.N.B. Capital Corporation to facilitate a management buyout of the company from its existing owners.
Actions
- The funding provided by F.N.B. Capital supported the acquisition strategy, creating an opportunity for the General Manager to take control of the company while providing a liquidity event for the existing owners.
- With F.N.B. Capital’s tactical, strategic and financial support, the General Manager was able to double the size of the company following the acquisition.
Results
- AlturnaMATS has successfully implemented several growth strategies and has nearly doubled revenue since the acquisition.
- While working with F.N.B. Capital, the prudent management team has implemented process improvements, which have reduced waste, increased efficiencies and enhanced profitability.
- AlturnaMATS continues to be the market leader in the ground protection mat market and has established strategic alliances with several notable equipment manufacturers for private label distribution.